Asset and Liability Management Risk Manager Financial Risk Management

Job Title:

Location:

What youll do:

• Youll provide independent risk oversight challenge and assessment of interest rate risk exposure with a strong emphasis on quantitative analysis use of management judgement and data validation using quantitative techniques

• Review scenario design model configurations and results produced in the Quantitative Risk Management tool (QRM) (e.g. Economic Value of Equity/Earnings at Risk forecast runs Funds Transfer Pricing linkages); independently replicate or sensitivitytest key assumptions using quantitative techniques where direct QRM instance access is not available.

• Develop robust processes and tools to validate key financial assumptions such as deposit behaviors prepayment trends and pricing strategies and ensure QRM results are accurately reconciled with source systems and established policy limits.

• Lead structured challenge sessions and memorialize outcomes in memos/minutes consistent with FRM governance and practices.

• Produce Second Line of Defense Asset Liability Management/Interest Rate Risk dashboards and narratives for the Asset Liability Committee/Financial Risk Management governance highlighting drivers of risk and emerging issues.

• Assist in developing and enhancing the market risk management framework including the design and implementation of risk metrics reporting processes and limit structures

What youll need:

• 5 years in Asset Liability Management/Interest Rate Risk in the Banking Book with at least 2 years in Second Line of Defense/Model Risk Management or other independent oversight roles.

• Bachelors degree in related field required.

• Handson QRM proficiency (Asset Liability Management/Interest Rate Risk modules; comfort reading QRM output structures assumptions and libraries). Ability to replicate Economic Value of Equity/Earnings at Risk and Net Interest Income sensitivities via Python/R/Structured Query Language when needed.

• Advanced knowledge and experience with tools like Python Structured Query Language or R for data analysis and quality checks is a plus along with familiarity with version control and an interest in process improvement.

• Advanced knowledge of Asset Liability Management concepts & policy (betas decays prepay deposit segmentation Funds Transfer Pricing hedging) and Interest Rate Risk/Asset Liability Management governance. Knowledge of ALM concepts & policy (betas decay rates prepay deposit segmentation FTP hedging) and IRR/ALM governance.

• Professional certification such as Financial Risk Manager (FRM) Professional Risk Manager (PRM) or Chartered Financial Analyst (CFA) preferred.

• Advanced speaking and writing communication skills.

Benefits youll love:
We offer all the important things youd want like competitive salaries an ownership stake in the company medical and dental insurance time off a great 401k matching program tuition assistance program an employee volunteer program and a wellness addition youll have the opportunity to bolster your business knowledge learning the ins and outs of how successful companies operate and manage their finances giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona Alliance Association Bank Bank of Nevada Bridge Bank First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race sex color religion age nation origin marital status disability protected veteran status sexual orientation gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying please email or call . When contacting us please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation